Cindy Ponder-Budd

The Peterson Institute for International Economics (PIIE) and the China Finance 40 Forum (CF40) held the PIIE-CF40 Third Annual China Economic Forum on “The New Era of Chinese Economy and China’s Financial Opening-up” on January 11, 2018. This is an extensive four part series and worth the time if you are interested in China's financial system.

Comments (1)
Paul Krake
Paul Krake


Capital account opening is a very long way away and this lack of near term reform will be part of the catalyst for the rerating of Chinese assets. the deleveraging process simply is on the back burner and this implies that NPLs wont rise. Chinese banks should not trade at book if the balance sheet looks stable

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